Lying runs in the Trump family, apparently. There is a small collection of running tallies of lies uttered by the president out there, but to my knowledge, there is no such tally of lies uttered by the president’s children, who of course do make far fewer public appearances than their father.
One public appearance from a Trump child came on Wednesday, when Eric Trump went on Fox & Friends in an appearance promoted by his father.
During his time on the program — his dad’s longtime favorite — he addressed an array of issues, including the controversy over his dad’s alleged recently uttered racist obscenity. Before he got to that, however, he addressed the results of his father’s physical exam, relayed to the media at Tuesday’s White House press briefing.
Mocking the media for their interest in the president’s health — since it’s evidently ridiculous to be concerned about the abilities of the man literally leading the country — Eric commented:
‘Where is the coverage of unemployment being the lowest ever, consumer confidence being the highest ever, 4 percent GDP growth — I mean I can go on and on and on.’
Well, Eric, there’s a good reason for there being no coverage of 4 percent GDP growth.
Over here in reality, no such thing has been positively determined to exist under his father’s administration. He’s taking the truth and contorting it to fit his needs.
To start with, the Bureau of Economic Analysis has not yet produced any estimate that includes a GDP growth rate of 4 percent for any of the quarters of his father’s presidency.
What Eric is likely referring to — well what he’s hopefully referring to, since the alternative would be that he’s literally making stuff up — is the “Nowcast” of GDP growth maintained by the New York Federal Reserve.
The most recent Nowcast of GDP growth in the fourth quarter of 2017 — the next one to receive an estimate from the BEA — is 3.88 percent.
(Check out a full key for the colored bars on the New York Fed’s website.)
To be clear, that’s not 4 percent, which matters since that’s what Eric is claiming has been documented. In addition, the analyses from the BEA often differ wildly from those produced by the New York Fed, so the 3.88 GDP growth rate estimate should be taken with a grain of salt.
Adding to the uncertainty is the fact that the New York Fed has already begun maintaining their Nowcast for the first quarter of 2018 — and they currently estimate a 3.21 GDP growth rate for that quarter, which is even farther away from the magic number Eric threw out and closer to estimates of GDP growth from the recent past.
In short then, there’s much more to the story than what Eric is saying, but he no doubt couldn’t care less.
Check out video of his appearance on Fox & Friends below.
Featured Image via Screenshot from the Video